Pacific Union Market Forecast

Fletcher Irwin - Jan 17, 2018

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In Summary everything looks positive going forward for the Marin and San Francisco markets. Possibly a hiccup in 2020 (or a small correction) and then a rebound. The thing keeping economists up at night are young peoples ability to create wealth because home ownership is becoming so hard with demand and high prices. The other is large companies ability to move. If a large tech company decided to move to a different area this would disrupt the economy. There are also several tech companies that are not profitable and we could see some of those folding. Overall this boom period although long has been slow growth and they see it continuing as do I. Demand remains strong and inventory levels extrememly low. There are no concerns similar to the 2007 collapse.